Commodity Trade Mantra

Posts Tagged ‘Energy Bear Market’

Plunge In Oil Prices Prove You Shouldn't Try "Catching a Falling Knife"

Oil crashed in the second half of last year, falling from over US$100 to below US$45 in Jan 2015. Many thought it was a great buy & piled in to oil stocks. Oil turned up & then back down to make a new low in March. Again bargain hunters came in & oil began a hefty rally, trading back to US$60. Oil prices have now crashed to new lows. What do the bargain hunters think now? Still a bargain?

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